The house had all the plumbing and some electrical cut, all the appliances ripped out, an elevator removed, and the roof stomped in.

Elevators upgraded?

Definitely try to create systems that fit and elevate your personal management style to help take some of the burden off, this way you can focus more on expanding your business and acquiring more properties you can manage.I'll send you an invite to connect, let me know if I can be of any help!

Is it a flood zone and would you prefer to be at a higher elevation?

Anything from frank and dave, podcast by them, podcast by kevin bupp and charles dehart, also jefferson lilly and brad johnson podcast.Trailer cash by jamie smith....runs elevation capital group with her husband ryan smith...they are responsible for a lot of funds in the indurstrypark place by tony ferris,some other mobile home parks books as well. just google or look on amazon...

They even have Otis Elevator tamper proof bits which are very hard to come by.

The Property: 1) is 100% occupied with about 15 tenants (of all sorts) 2) has a cap rate at about 8.0% at last ask. 3) is 3 stories is in what I consider to be a good location 4) has an elevator and 40+ parking spots is more than 15k sq ft but less than 20k sq ft. 

There are not a lot of liveable basements in the areas I have looked in Norfolk because the flooding/elevation issues. 

Given the elevated pricing going on today, is it possible to reap the tax deferment of a 1031 exchange while still doing an entity transfer in order to save on taking a huge property tax hit on the replacement property? 

Someone built a 100th floor building forgetting to install the elevator.